(International) R&D collaboration and SMEs: The effectiveness of targeted public R&D support schemes

Hanna Hottenrott, Cindy Lopes-Bento

Publikation: Beitrag in FachzeitschriftArtikelBegutachtung

155 Zitate (Scopus)

Abstract

This study analyses the impact and effectiveness of targeted public support for R&D investment at the firm level. We test whether the policy design aiming at incentivizing (international) collaboration and R&D in SMEs achieves input as well as output additionality. Our results show that the targeted public subsidies trigger R&D spending, especially so in internationally collaborating SMEs. We further evaluate the different impact of privately financed and publicly induced R&D investment on innovation performance. The results confirm that the publicly induced R&D is productive as it translates into marketable product innovations. While both types of R&D investments trigger significant output effects, the effect of policy-induced R&D investment on sales from market novelties is highest for international collaborators as well as for SMEs.

OriginalspracheEnglisch
Seiten (von - bis)1055-1066
Seitenumfang12
FachzeitschriftResearch Policy
Jahrgang43
Ausgabenummer6
DOIs
PublikationsstatusVeröffentlicht - Juli 2014
Extern publiziertJa

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